inflation

US Inflation Up Slightly in June as Consumer Spending Slows Down Amid Declining Income Growth

US Inflation Up Slightly in June as Consumer Spending Slows Down Amid Declining Income Growth

U.S. inflation in June ticked up slightly to 2.5% annually, while consumer spending cooled, prompting expectations that the Federal Reserve may cut interest rates in September.

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2025 Social Security COLA: Expected Impact on Disability Benefits

Social Security Benefits Lost 20% of Buying Power Due to Inflation, Outlook for 2025 Is Grim

To compensate for the lost value, payments would need to increase to more than $4,400 a year. Read more here.

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ECB’s Interest Rates Remain Unchanged But May See Cuts in September

ECB’s Interest Rates Remain Unchanged But May See Cuts in September

The European Central Bank announced that it would keep interest rates unchanged but may change by the next quarter.

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PepsiCo, Conagra Seek to Compensate Rising Food Prices with Grocery Deals

PepsiCo, Conagra Seek to Compensate Rising Food Prices With Grocery Deals

Food and snack powerhouses PepsiCo and Conagra Brands announced that they had lower-than-expected revenue and unit sales, citing consumers’ pushback on pricey food items.

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grill

Fourth of July Cookout Costs Projected to Reach Record Highs Due to Inflation

New research shows that American families will spend more than ever on Fourth of July barbecues due to inflation.

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Chipotle To Close Restaurants For Few Hours For Food Safety Meeting

Chipotle CEO Denies 'Shrinkflation' in Servings

Chipotle CEO Brian Niccol dismissed social media claims that the restaurant’s portion sizes have been shrinking due to inflation.

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McDonald’s Says $18 Big Mac Meal was ‘Exception’ After Social Media Buzz Exaggerates Price Increase

McDonald’s Says $18 Big Mac Meal was ‘Exception’ After Social Media Buzz Exaggerates Price Increase

McDonald’s denied the allegations suggesting that its Big Mac meal has doubled since 2019, stressing that last summer’s $18 Big Mac meal in a Connecticut store was an ‘exception’ compared to the average Big Mac price of $5.29 in 2024.

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Australia's Consumer Price Inflation Rate Rises to 3.6% YoY in April, Stats Report Reveals

Australia's Consumer Price Inflation Rate Rises to 3.6% YoY in April, Stats Report Reveals

After fuel, health, and holiday price rises, Australia's consumer price inflation rate reached 3.6% in April, a five-month high that might prompt the Reserve Bank of Australia to raise interest rates.

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German Supermarket Chain Aldi To Buy Winn-Dixie And Harveys Supermarkets

Aldi Supermarket to Lower Prices on 250 Grocery Items for this Summer Due to Inflation

CEO Jason Hart reveals Aldi Supermarket's strategy to combat inflation by prioritizing low prices during the summer season. He announces, coinciding with similar initiatives from major retailers like Walmart and Target.

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US-HEALTH-ECONOMY-FOOD-CHILDREN

Inflation Already Felt in American Households as Prices Keep Going Up, Fed Survey Reveals

American households still feel inflation's effects on increasing goods, especially with rent, as parents struggle to make ends meet.

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SF Fed Denies Biden Admin's Corporate Greedflation Theory, Claiming It's Not Main Driver of Inflation

SF Fed Denies Biden Admin's Corporate Greedflation Theory, Claiming It's Not Main Driver of Inflation

SF Fed denied the corporate greedflation that the Biden Administration and Americans believe. Here's what the federal bank explained.

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UK Grocery Price Inflation Cools to Lowest Level Since October 2021, Industry Data Shows

UK Grocery Price Inflation Cools to Lowest Level Since October 2021, Industry Data Shows

Grocery price inflation in the UK has slowed to its lowest level since October 2021 and is gradually returning to "more normal levels," according to industry data.

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Target to Stop Taking Personal Checks for Payment Starting Next Week—Here's Why

Target Slashes Prices on 5,000 Essential Products Owing to Inflation-Driven Budget Cuts

Target said it will decrease prices on 5,000 popular goods to attract more customers amid inflation fears.

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Donald Trump Attacks Joe Biden's Handling of Inflation After President Cited Snickers Bars as Example of 'Shrinkflation'

Donald Trump Attacks Joe Biden's Handling of Inflation After President Cited Snickers Bars as Example of 'Shrinkflation'

Former President Donald Trump has once again criticized President Joe Biden's handling of inflation, pointing to the shrinking size of Snickers bars as an example of his rival's economic mismanagement and not "shrinkflation."

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Dollar Slides to Multi-Month Lows as Slower US Inflation Increases Rate Cut Expectations

Dollar Slides to Multi-Month Lows as Slower US Inflation Increases Rate Cut Expectations

The US dollar tumbled to multi-month lows on Thursday following a slowdown in US core inflation, which was its slowest pace in three years.

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